Clearstream Invests in Digital Vault Services (minority stake)

Blackstone to Acquire Majority Stake in VFS Global from EQT Private Equity

October 7, 2021

Government & Public Sector

Private equity funds managed by Blackstone have signed a definitive agreement to acquire a majority stake in VFS Global from EQT Private Equity, with EQT retaining a minority position alongside the Kuoni and Hugentobler Foundation. VFS Global, headquartered in Zurich and Dubai, is the world's largest visa outsourcing services provider; Blackstone said it will help accelerate the company's digitization, expand into adjacent services, and capitalize on the global travel recovery. The transaction was expected to close by Q1 2022.

Balance Acquires DVTR to Expand Across the U.S.

December 11, 2025

Payments & Fintech

Balance, Canada’s oldest and largest digital asset custodian, has acquired Digital Value Transfer Rails Inc. (DVTR), a Wyoming-based, multi-state licensed digital asset custodian and money transmitter. The deal, completed December 11, turns DVTR into a wholly owned subsidiary and gives Balance immediate regulatory reach across most U.S. states, adding trading, staking and money-transmission capabilities to its institutional offering.

Clairvest Makes £23M Growth Equity Majority Investment in FSB Technology

July 29, 2019

Cloud & SaaS

Clairvest Group Inc., through its Clairvest Equity Partners V fund, made a £23 million growth equity majority investment in FSB Technology (UK) Ltd., a London-based B2B sports betting and iGaming SaaS provider. The capital will support FSB’s aggressive growth plan and expansion into new regulated sports betting markets, with the investment potentially increasing by up to £4 million subject to certain conditions.

Valsoft Acquires Digital Currency Systems

February 20, 2025

Software

Valsoft Corporation has acquired Digital Currency Systems (DCS), a provider of point-of-sale software for the alternative financial services industry. DCS will join Valsoft's portfolio of financial services software businesses, with the deal intended to accelerate product development and expand Valsoft's check-cashing technology footprint.

Dataprise Acquires Global Data Vault

January 10, 2022

IT Services

Dataprise, a PE-backed strategic managed IT services provider, has acquired Global Data Vault, a Dallas-based leader in DRaaS and Backup-as-a-Service. The deal expands Dataprise's data protection and disaster-recovery capabilities by integrating Global Data Vault's cloud-based backup and DR solutions into Dataprise's cybersecurity and managed services portfolio.

Greater Sum Ventures Makes Majority Investment in STRAX Intelligence Group

March 21, 2024

Cloud & SaaS

Greater Sum Ventures (GSV), an entrepreneurial family office and growth equity investor, announced a majority investment in STRAX Intelligence Group, a Boca Raton–based provider of cloud-native sensor fusion and real-time crime center software. The funding will support STRAX's product development and data-aggregation capabilities and expands GSV's suite of public safety technology holdings alongside prior investments in Utility Associates and SOMA Global; terms were not disclosed.